Closing Bell: The bulls take the charge again

 October 31, 2019 (MLN): Contrary to the performance of the previous session, the KSE-100 Index gained 442 points at the end of the trading session today and closed at 34,203 level. Market participation for the 100 index increased due to a drop in cut-off yields in T-Bills yesterday.

The Index remained positive throughout the session touching an intraday high of 34,305.60

Of the 91 traded companies in the KSE100 Index, 70 closed up 19 closed down, while 2 remained unchanged. Total volume traded for the index was 103.76 million shares.

Sectors propping up the index were Commercial Banks with 113 points, Oil & Gas Exploration Companies with 71 points, Fertilizer with 57 points, Cement with 54 points and Inv. Banks / Inv. Cos. / Securities Cos. with 47 points.

The most points added to the index was by ENGRO which contributed 55 points followed by MCB with 51 points, DAWH with 45 points, PPL with 37 points and PSO with 34 points.

Sector-wise, the index was let down by Tobacco with 32 points, Food & Personal Care Products with 15 points, Glass & Ceramics with 1 point and Miscellaneous with 1 points.

The most points taken off the index was by PAKT which stripped the index of 32 points followed by NESTLE with 12 points, FFC with 11 points, MUREB with 5 points and HASCOL with 3 points.

All Share Volume increased by 54.01 Million to 183.98 Million Shares. Market Cap increased by Rs.24.35 Billion.

Total companies traded were 355 compared to 345 from the previous session. Of the scrips traded 235 closed up, 101 closed down while 19 remained unchanged.

Total trades increased by 5,348 to 61,005.

Value Traded increased by 1.86 Billion to Rs.6.87 Billion

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